Insuranceciooutlook
Impact of Automation in Financial Industry

Top 10 Insurance Agency Management Solutions Companies – 2022

The rise of technology adoption across the insurance industry has presented insurers with a universe of new challenges that facilitate better management of their agencies. Insurance agency management solution providers are leveraging the tech innovations to their advantage to boost efficiency for insurers.

According to ResearchAndMarkets.com, the global insurance agencies market is projected to reach $148.99 billion in 2026 at a CAGR of 4.7 percent.

The stellar market growth can be attributed in large part to the modern, tech-driven advancements that are revamping insurance agency management practices from the ground up.

Insurance agencies are providing customers with self-service portal to help them manage policies, make payments, and submit claims digitally, independently. To further augment self-service capabilities, insurance agency management solution providers are building mobile apps and web-based customer portals.

The powerful combination of big data, artificial intelligence (AI)a, blockchain, Internet of Things (IoT), and natural language processing (NLP) hold significant potential in addressing the most critical insurance processes, including underwriting, fraud protection, and claims processing.

IoT allows insurance agencies compile data from internet-connected devices for accurate predictive analytics, faster decision-making, and seamless process automation, and improved operational efficiency.

This edition of Insurance CIO Outlook highlights the recent developments in the insurance agency management arena and insights into how insurers are aligning with these trends to transform legacy practices.

We have curated thought leadership articles from industry experts, including the Ralph LaSpina, EVP, Chief Marketing & Underwriting Officer, FCCI Insurance Group, and the Scot Hansen, Enterprise Data Governance Director, Farm Bureau Financial Services. We also took a deep dive into the market trends to narrow down the list of companies delivering robust insurance agency management solutions. Equipped with innovative technological capabilities, the enlisted solution providers, such as Enrollment123, help transform businesses at the cloverleaf of various disruptive technologies.

We hope this edition of Insurance CIO Outlook on insurance agency management helps you build the partnership you and your organization need to foster an environment driven by efficient technology.

    Top Insurance Agency Management Solutions Companies

  • Enrollment123 is the leading provider of software solutions for independent sales organizations to manage their business, agents, and customers. The company’s enterprise platform provides an environment for selling, enrollment, billing, administration, commission-tracking, and customer communications for agents, customers, members, and employees.

    enrollment123.com

  • AgencyBloc

    AgencyBloc

    AgencyBloc is an agency management system that helps life and health insurance agencies secure and grow their business with an industry-specific CRM, commissions processing, and integrated business and sales automation

  • AMWINS CONNECT

    AMWINS CONNECT

    Amwins Connect is a dynamic sales, marketing, and service organization dedicated to the success of health insurance brokers, providers, and partners throughout the United States. Their knowledge of healthcare insurance, consultative approach, and industry relationships enable them to support and empower the brokerage community to care for their clients

  • Applied Systems

    Applied Systems

    Applied Systems has created innovative technology for the global insurance industry. Today, the company is a rapidly growing cloud software leader that is revolutionizing the way insurance agencies and brokers succeed

  • EZLynx®

    EZLynx®

    EZLynx® develops industry-leading cloud-based software for the insurance industry. The company provides innovative insurance software that helps streamline your agency’s workflow

  • Jenesis Software

    Jenesis Software

    Jenesis Software is an Insurance Agency Management System. The firm's web-based software is designed to help you manage existing clients, market to potential prospects, increase efficiency and build strong relationships with your policyholders

  • Strategic Insurance Software

    Strategic Insurance Software

    Strategic Insurance Software is an industry-leading insurance industry dedicated to helping independent insurance agents grow their businesses with innovative and robust technology

  • Vertafore

    Vertafore

    Vertafore, the leader in modern insurance technology, is built and delivering best-in-class InsurTech solutions to connect every point of the insurance distribution channel

  • Veruna

    Veruna

    Veruna empowers insurance agencies and brokers to sell more and maintain customer relationships better. Veruna does that by leveraging the world’s #1 customer relationship management platform – Salesforce.com – to help agencies and brokers find opportunities, win business and engage with customers more regularly and relevantly

  • Zywave

    Zywave

    Zywave helps to integrate the digital marketing, website services, comparative rater, and agency management system (AMS) that ITC provides into the Zywave platform